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Riverside and Corona CA - Homes for Sale - Cash Offers

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Real Estate Agent with Pedersen Real Estate 01435175

Riverside and Corona Homes for Sale - All Cash Offers

Here are some really interesting facts about buying real estate in Riverside and Corona California with all cash offers.  It seems like many all cash offers have to come in at or higher than list price to get accepted.  

Riverside ALL CASH Home and Condo Sales

  • For all homes and condos sold in Riverside (closed sales) in December 2009 - there were a total of 119 all cash transactions.  
  • Average square feet  = 1445.
  • Of these transactions, the average list price was $145,584 compared to the average sold price of $147,980.  Some cash buyers are thinking that they can offer quite a bit less for properties.  But  this shows that at least half of the cash buyers are paying above list price.  
  • Of these 119 sales, 77 were bank-owned houses (foreclosures), 12 were short sales, 7 were standard sales, and others that the records don't show what type of sale.  

Corona ALL CASH Home and Condo Sales

  • For all homes and condos sold in Corona  (closed sales) in December 2009 - there were 64 all cash transactions.  
  • Average square feet = 2574.
  • Of these transactions, the average list price was $311,384 compared to the average sold price of $319,027.  Again, the average cash buyer is paying above list price.  
  • Of these 64 sales, 29 were bank-owned houses (foreclosures), 13 were short sales, 15 were standard sales, the rest were not specified.  

Read this post if you would like to see information about the number of closed home sales in 2009 in Riverside and Corona, California. 

If you would like to learn more about selling or buying real estate in Riverside or Corona, California,  contact me at  vicki@pedersen-team.com  or   http://Riverside4Homes.com 

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Written and posted by: Vicki Pedersen, ABR, Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715, Phone: 951-840-5212   Be sure to visit my website. 

Copyright © 2009 by Vicki Pedersen, All Rights Reserved.*Riverside and Corona CA Homes for Sale-All Cash Offers*

 


Posted by

Vicki PedersenĀ 
Pedersen Real Estate
951-840-5212
vicki.pedersen@gmail.com
DRE#01435175

www.Riverside4Homes.com

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